Volex sets scrip dividend reference price at 364.8 pence

Published 07/08/2025, 13:36
Volex sets scrip dividend reference price at 364.8 pence

LONDON - Volex plc has set the reference price for its scrip dividend option at 364.8 pence per share, according to a company statement released Thursday.

The electronics manufacturer said the price represents the average mid-market closing price of its ordinary shares over the five dealing days starting from the ex-dividend date.

Volex plans to pay a final dividend of 3.0 pence per share on September 5, 2025, to shareholders registered as of August 1, 2025. Shareholders can choose to receive this dividend in the form of new company shares rather than cash through the Volex plc Scrip Dividend Scheme.

The dividend payment and scrip option remain subject to shareholder approval at the company’s annual general meeting scheduled for Thursday.

Shareholders wishing to elect for shares instead of cash must submit their choice by 5:00 p.m. on August 14, 2025. This can be done by completing a Scrip Dividend Mandate Form, making an online election, or submitting a Dividend Election Input Message through CREST.

Those who have previously opted for a permanent scrip election do not need to complete a new form for this dividend, except for CREST shareholders who must make a new election for each dividend period.

The company noted that further information about the scrip dividend scheme is available on its website.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.